Press coverage about Stanley Black & Decker (NYSE:SWK) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stanley Black & Decker earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.5370316905024 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Stanley Black & Decker To Present At The Morgan Stanley 6th Annual Laguna Conference (finance.yahoo.com)
- Macquarie Lowers Stanley Black & Decker (SWK) Price Target to $175.00 (americanbankingnews.com)
- Stanley Black & Decker, Inc. (NYSE:SWK) Cash Flow Changes 0.39559 YoY (baycityobserver.com)
- Stanley Black & Decker Inc (SWK) is Looking to Reach 177.64 Within the Year (baycityobserver.com)
- Stanley Black & Decker Inc (SWK) Drops -0.31% Over Last 5 Trading Days (baycityobserver.com)
Shares of SWK opened at $140.92 on Friday. Stanley Black & Decker has a twelve month low of $130.56 and a twelve month high of $176.62. The firm has a market capitalization of $21.50 billion, a PE ratio of 18.92, a PEG ratio of 1.66 and a beta of 1.00. The company has a current ratio of 0.94, a quick ratio of 0.51 and a debt-to-equity ratio of 0.38.
Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Friday, July 20th. The industrial products company reported $2.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.03 by $0.54. Stanley Black & Decker had a net margin of 7.52% and a return on equity of 16.54%. The business had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.48 billion. During the same quarter in the prior year, the firm posted $0.58 earnings per share. The business’s revenue for the quarter was up 10.9% on a year-over-year basis. equities research analysts predict that Stanley Black & Decker will post 8.39 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 18th. Stockholders of record on Friday, September 7th will be paid a $0.66 dividend. The ex-dividend date of this dividend is Thursday, September 6th. This represents a $2.64 annualized dividend and a dividend yield of 1.87%. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.63. Stanley Black & Decker’s dividend payout ratio is currently 33.83%.
Several research firms have commented on SWK. B. Riley reiterated a “buy” rating on shares of Stanley Black & Decker in a research report on Thursday, June 7th. ValuEngine upgraded shares of Stanley Black & Decker from a “sell” rating to a “hold” rating in a research report on Friday, July 20th. Barclays increased their price objective on shares of Stanley Black & Decker from $164.00 to $166.00 and gave the company a “$138.69” rating in a research report on Monday, July 23rd. UBS Group lowered their price objective on shares of Stanley Black & Decker from $195.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, August 30th. Finally, Morgan Stanley began coverage on shares of Stanley Black & Decker in a research report on Monday, August 20th. They set an “overweight” rating and a $164.00 price objective for the company. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Stanley Black & Decker presently has an average rating of “Buy” and a consensus price target of $179.27.
Stanley Black & Decker Company Profile
Stanley Black & Decker, Inc provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company's Tools & Storage segment offers professional products, including corded and cordless electric power tools and equipment, drills, impact wrenches and drivers, grinders, saws, routers, and sanders, as well as pneumatic tools and fasteners, including nail guns, nails, staplers and staples, and concrete and masonry anchors; and consumer products, such as lawn and garden products comprising hedge and string trimmers, lawn mowers, and edgers and related accessories, as well as home products, such as hand-held vacuums, paint tools, and cleaning appliances.
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